Tensions in Strait of Hormuz: Iran Threatens 'Long and Painful Strikes'

Iran announced on Thursday that it would retaliate with 'long and painful strikes' against U.S. positions if Washington decided to resume attacks and claimed the Strait of Hormuz. This statement complicates U.S. intentions of forming a coalition to reopen the critical waterway.

The closure of the Strait of Hormuz, amid the U.S.-Israeli war with Iran, has severely impacted global oil and gas supply, elevating energy prices and inciting fears of an economic downturn. Efforts to resolve the conflict have reached a standstill, with Iran blocking the strait following a U.S. naval blockade targeting its oil exports, Iran's vital economic resource.

International diplomatic negotiations continue with U.N. Secretary-General Antonio Guterres expressing concerns over prolonged disruption, which may lead to significant economic setbacks worldwide. Meanwhile, President Trump is considering a 30-day extension of the conflict as Iran indicates readiness for prolonged resistance.

(With inputs from agencies.)